A business is able to own private property, deals with limited government intervention, and works in a free market that promotes its self-interests. What type of society does this business operate in?

A Capitalistic Society

A Socialist Society

An Oligarchy

A Communist Society

1 answer

The business described operates in a Capitalistic Society. In a capitalistic society, businesses typically own private property, experience limited government intervention, and operate in a free market that encourages self-interest.